Cost Of Living in Marlton, MD

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Marlton	Maryland	National
Cost of living	127	119	100
Goods & Services	110	106	100
Groceries	113	106	100
Health care	109	97	100
Housing	169	150	100
Transportation	111	98	100
Utilities	101	111	100

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Cost Of Living Quick Facts

The cost of living in Marlton is 7% higher than the Maryland average
The cost of living in Marlton is 27% higher than the national average
Marlton housing is 69% higher than the national average
Maryland general sales tax is 18% higher than the national average
Maryland state income tax is 23% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$123,750	$10,313	$2,887	$3,713
Renters	$49,286	$4,107	$1,150	$1,479

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Marlton, MD, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Marlton homeowners, is $123,750. This would allow for a maximum of $2,887 per month to be spent on housing costs. For renters, the median monthly income is $49,286 which would result in a maximum of $1,150 to be spent on rental costs.

Maryland Sales Tax

State	General Sales Tax	With Max Surtax
Maryland	6%	6%

Maryland Income Tax

State	Income Tax (Low)	Income Tax (High)
Maryland	2%	5.75%

Goods & Services

Item	Marlton	National avg.	Difference
Haircut	$25.51	$24.26	5.1%
Beauty Salon	$47.63	$45.56	4.5%
Toothpaste	$3.62	$3.70	2.1%
Shampoo	$1.34	$1.28	4.4%
Movie	$13.08	$12.13	7.8%
Bowling	$24.34	$18.00	35.2%

Groceries

Item	Marlton	National avg.	Difference
Ground Beef	$6.08	$5.84	4.1%
Fried Chicken	$1.41	$1.57	10.6%
Milk	$4.68	$4.67	0.2%
Potatoes	$5.30	$4.93	7.3%
Pizza	$12.49	$12.09	3.4%
Beer	$10.83	$10.41	4.0%

Health Care

Item	Marlton	National avg.	Difference
Optometrist	$120.12	$125.68	4.4%
Doctor	$135.82	$135.78	0.0%
Dentist	$98.77	$113.29	12.8%
Ibuprofen	$10.80	$10.65	1.4%
Lipitor	$485.49	$468.60	3.6%

Housing

Item	Marlton	National avg.	Difference
Home Price	$304,500.00	$184,700.00	64.9%
Avg. Mortgage Payment	$1,923.85	$2,346.69	18.0%
Apartment Rent	$1,681.00	$949.00	77.1%

Transportation

Item	Marlton	National avg.	Difference
Gasoline	$3.34	$3.46	3.6%
Tire Balancing	$64.70	$59.92	8.0%

Utilities

Item	Marlton	National avg.	Difference
All Electricity	$213.29	$193.99	9.9%
Phone	$184.83	$192.25	3.9%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Cedarville, MD	577	109	9.3%
Belle Haven town, VA	562	102	2.0%
Eagle Harbor, MD	42	102	2.0%
Cottage City, MD	1,150	108	8.4%
Silver Hill, MD	5,155	114	14.0%
Marlton, MD	9,270	127	27.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Atmore, AL	9,269	83	17.0%
Westphalia, MD	9,269	136	36.1%
Aransas Pass, TX	9,269	93	7.0%
Stansbury Park, UT	9,271	123	23.3%
Yelm, WA	9,262	123	22.5%
Marlton, MD	9,270	127	27.1%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Marlton, MD